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What does a return on assets of 2.5 times mean (think intuitive interpretation)? For each $1 of net income the firm generates 2.50 in assets
What does a return on assets of 2.5 times mean (think intuitive interpretation)? For each $1 of net income the firm generates 2.50 in assets . For each $1 of total assets, the firm generated $2.50 in sales. For each $1 of fixed assets, the firm generated of $2.50 in EBIT. For each $1 of total assets, the firm generated $2.50 in net income. For each $1 of current assets, the firm generated $2.50 in net income
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